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Old 12-29-2018, 01:42 PM
 
30,155 posts, read 47,378,519 times
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Quote:
Originally Posted by oceangaia View Post
That remains to be seen. We'll know in February. I got out in Sept. so missed about 4000 pts of the drop. Obviously, I wish I had went all in last Monday but didn't miss it completely. I think Jan. could be brutal depending on the shutdown, border closings, Mueller report, impeachment hearings, Syria, and other political issues. If so, I'll be glad to mostly miss it. I'm still maxing out 401K and getting 50% match.
2019 is likely to be more bear market territory so you get opportunity to buy in a dropping Dow



Your situation is not the same as for millions of others however

People who just retired or are in early days and face a falling glide path are not reassured
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Old 12-29-2018, 01:48 PM
 
71,740 posts, read 71,853,273 times
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remember in the poll last year i called for a losing year for 2018 . i think i was one of 5 of us ..

my gut feeling is 2019 will see some pretty nice gains , they will be fast too .. a hand full of big days and then flat for most of the time

money needs a home and there is loads of cash waiting to go in . so put me on record as saying i think 2019 will be above average . i thought this year would be a stinker because of valuations and the lack of any substantial correction . volatility had gotten so low and leverage so high that i felt you were going to see some spectacular machine selling as leverage unwound breeding more selling as more leverage unwound to avoid margin calls .
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Old 12-29-2018, 03:59 PM
 
Location: NYC
2,920 posts, read 1,593,647 times
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Quote:
Originally Posted by mathjak107 View Post
... so put me on record as saying i think 2019 will be above average . i thought this year would be a stinker because of valuations and the lack of any substantial correction . ....
This is my feeling too & for the same reasons. The joker in the deck is the lack of any leadership in DC now & what that portends ( & a black swan event is always possible ) I wonder when the deficit will become a factor too, probably around the next election?

We'll see....
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Old 12-29-2018, 04:22 PM
 
3,774 posts, read 2,150,268 times
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Quote:
Originally Posted by mathjak107 View Post
my gut feeling is 2019 will see some pretty nice gains , they will be fast too .. a hand full of big days and then flat for most of the time

I hope that is the case.
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Old 12-29-2018, 04:45 PM
 
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Me too.......
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Old 01-03-2019, 09:14 AM
 
Location: Ohio
194 posts, read 116,676 times
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Question: my husband has a 401k and he contributes 100% of it to TIRA. Based on current market conditions (and tax rates), would it be better to be putting his contributions (or some) into the ROTH option in his 401k? Can you explain why or why not?

He has nothing in his 401k Roth but we both have small Roth accounts outside of the 401k. We are 56 and 54 and are hoping to retire when hubby is 60. We also will have a pension (and SS eventually.) Thanks!
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Old 01-03-2019, 02:18 PM
 
Location: Pennsylvania
12,551 posts, read 4,245,118 times
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Retirees, no reason not to play it safe and put some money in cash, maybe 50%. Market is not well right now!!
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Old 01-03-2019, 02:30 PM
 
9,710 posts, read 4,572,717 times
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Quote:
Originally Posted by BeerGeek40 View Post
Retirees, no reason not to play it safe and put some money in cash, maybe 50%. Market is not well right now!!

That ship has sailed.
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Old 01-03-2019, 02:33 PM
 
Location: Pennsylvania
12,551 posts, read 4,245,118 times
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Quote:
Originally Posted by oceangaia View Post
That ship has sailed.
Not for me. I hedged myself a long time back.
Fine - you think the market is going to snap back quickly...and you might be proven right. We are in uncharted territory.
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Old 01-03-2019, 02:34 PM
 
71,740 posts, read 71,853,273 times
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Quote:
Originally Posted by BeerGeek40 View Post
Retirees, no reason not to play it safe and put some money in cash, maybe 50%. Market is not well right now!!
Nonsense , that would be a terrible idea .. this is nothing over a long term retirement . It is expected and planned for right in a safewithdrawal rate. There is nothing any different that needs to be done assuming a standard 40-60% standard retirement allocation
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